Plan Ledger DOL Form 5500 · updated monthly

Ocala Eye, P.A.401(k)

OCALA EYE, P.A. RESTATED PROFIT SHARING PLAN · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
0.70%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Ocala Eye, P.A. reported $181,539 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,730 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.63% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 876th-largest of 3,644 plans among Florida employers on file, and the 2,928th of 11,911 in health care & social assistance. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,819,557
Participants with balances218
Active participants174
Employer contributions$822,966
Employee contributions$841,813
Employer contribution per active participant$4,730
Average account balance$127,613
Benefits paid to participants$2,059,310
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.8M · 218 accts · $823K emplr
2023$24.3M · 220 accts · $971K emplr
2022$24.4M · 198 accts · $915K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,586
Investment management$163,553
Audit (IQPA)$11,400
Total administrative$181,539
The Ocala Eye, P.A. 401(k) match · 2024
Employer contribution per active participant$4,730
Median for plans this size$2,416
2024$4,730 per active participant
2023$5,367 per active participant
2022$5,756 per active participant

Ocala Eye, P.A.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
WELLS FARGO BANK · Investment management$88,264
PERSONAL FINANCIAL PROFILES IN · Investment advisory (participants)$75,289
PURVIS GRAY AND COMPANY LLP · Accounting / audit$11,400
CHARLES SCHWAB & CO., INC · Securities brokerage$222

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$181,539 · 0.70%
2023$166,139 · 0.68%
2022$168,213 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Uwh of Michigan FL$28.5M · 0.21%
Pbd & P, Inc. FL$28.5M · 0.04%
Aspire Health Partners FL$27.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591363248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.